Principles of Estate Planning, 2nd Edition

Carolynn Tomin, CFP®, and Colleen Carcone, JD, CFP®

ISBN: 978-1-941627-57-0

Product #: 9110002

Format: Paperback, 8 ½” x 11”, 672 pp

Pub. Date: June 2015


About the Book

The Principles of Estate Planning, 2nd Edition is newly revised with updated information on the most current developments in the estate planning field, including ATRA-related tax changes, the use of the new ABLE accounts for medical expenses planning, information on the use of trust protectors, and planning techniques that can be used for newly recognized same-sex marriages.

The book is a complete single-volume source that covers all aspects of estate planning, from the basic principles of property transfers to complex financial techniques that can be used to deal with a wide variety of client circumstances. The authors bring a wealth of experience in both professional and academic arenas that help students understand the concepts that are critical for achieving important professional designations as well building a successful practice with real-world examples of common estate planning problems.

This textbook allows students to work with the most current information, thus helping to gain a better understanding of how to advise clients in the real-world using real numbers. Teach your students using the most up-to-date estate planning textbook on the market.

The authors, Carolynn Tomin and Colleen Carcone, fully address all of the CFP® Certification Examination Principal Topics for Estate Planning. In addition to this on-target approach, Principles of Estate Planning features:

  • Content that is systematically organized into subtopics to help simplify the understanding and retention of complex material
  • "Chapter Contents" that outline the topics addressed in each chapter
  • "Learning Objectives" in each chapter that provide topic focus
  • "Client Situations" that present practice scenarios and illustrate the practical application of key concepts in client situations
  • "Practitioner Tips" that provide practical advice and guidance
  • "Practice Standards" that highlight the related steps in the financial planning process from CFP Board's "Standards of Professional Conduct"
  • Chapter summaries, key terms, and review questions that aid recall, retention, and review of the topics
  • And much more!

Table of Contents

Chapter 1

Chapter 2

Chapter 3

Chapter 4

Chapter 5

Chapter 6

Chapter 7

Chapter 8

Chapter 9

Chapter 10

Chapter 11

Chapter 12

Chapter 13

Chapter 14

Chapter 15

Chapter 16

Chapter 17

Chapter 18

Chapter 19

Chapter 20

Chapter 21

Chapter 22

Chapter 23

Chapter 24

Chapter 25

Chapter 26

Chapter 27

Chapter 28

Chapter 29

Appendix A

Appendix B

Appendix C

Appendix D

Appendix E



Introduction to Estate Planning

Property Interests

Community Property

Methods of Property Transfer at Death

The Probate Process


Incapacity Planning


Income Taxation of Trusts, Estates, and Beneficiaries

Gifting Strategies

Gift Tax Calculation

Gifting to Minors

The Gross Estate

The Estate Tax Calculation

The Marital Deduction

Marital Trusts

Charitable Transfers

State Death Tax Deduction

Generation-Skipping Transfer Tax

Powers of Appointment

Life Insurance Planning

Irrevocable Life Insurance Trusts

Estate Planning with Retirement Benefits

Estate Freeze Strategies

Intra-family and Other Business Transfer Techniques

Family Limited Partnerships and Limited Liability Companies

Business Planning Strategies

Estate Planning for Non-traditional Relationships

Common Estate Planning Considerations

Answers to Chapter Review Questions

Tax Rate Schedules

Financial Planning Practice Standards

Documents for Incapacity Planning

Valuation Tables



Available in print and eBook format: information as you want it!

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Print Edition


List Price: $140.00 (Save 15%)


List Price: $140.00 (Save 15%)